The Cabinet has supported the most noteworthy ever Fair and Remunerative Price (FRP) for sugarcane ranchers at ₹290 per quintal, at an essential recuperation pace of 10%, for the 2021-22 season. In the event that recuperation is under 9.5%, ranchers will be given ₹275.5 per quintal, Commerce Minister Piyush Goyal said. The choice will help 5 crore sugarcane ranchers and their wards.
Government approves determination of Fair and Remunerative Price of sugarcane payable by Sugar Mills for sugar season 2021-22
Highest ever Fair and Remunerative Price of 290 Rs/quintal approved for Sugarcane Farmers #CabinetDecisions
Read: https://t.co/xVW2xRAH9J pic.twitter.com/9c7UVy6HVH
— PIB India (@PIB_India) August 25, 2021
The decision will benefit the 5 crore sugarcane farmers and their dependents, as well as the 5 lakh workers employed in the sugar mills and related ancillary activities#CabinetDecisions
Read: https://t.co/xVW2xRAH9J
— PIB India (@PIB_India) August 25, 2021